MLB Free Agent Activity 2025: Team-by-Team Signings So Far

This article takes a look at the MLB offseason at its halfway point. Some teams are spending big, others seem content to wait, and the free-agent market feels different compared to recent years.

Plenty of money has already changed hands, but most of the biggest names are still out there. That’s left both front offices and fans with a pretty different view of the winter landscape than usual.

Midpoint of the MLB Offseason Tells a Cautious Story

I’ve watched a lot of baseball offseasons, and this one feels both familiar and a bit off. Nearly half of MLB Trade Rumors’ top 50 free agents have signed, but the top names? Still waiting.

Seven of the top ten remain unsigned, which has slowed the market more than many execs probably expected. League-wide spending actually lines up with last winter, but there’s been no early wave of superstar deals.

Instead, teams seem to prefer targeted spending, focusing mostly on pitching depth and those flexible, mid-tier bats everyone wants.

Big Spenders Set the Early Pace

The Toronto Blue Jays have led the way, pouring out a wild $277 million in guaranteed money. Their big splash: Dylan Cease’s seven-year, $210 million deal—a move that screams “win now.”

Other major spenders include:

Orioles and Phillies Push Their Chips Forward

Baltimore dropped $195.1 million, clearly aiming to strike while their competitive window’s open. Pete Alonso gives them the big bat they’ve been missing, and Helsley adds bullpen stability.

The Phillies doubled down on what they do best. Schwarber’s new deal keeps the power coming, and the extra pitching signings show they’re serious about fixing past October letdowns.

With $182 million spent, Philly’s not slowing down.

Mets, Braves, and Mariners Stay in the Mix

The Mets, Braves, and Mariners are still in the higher spending tier. New York committed $113 million so far, headlined by a three-year, $51 million deal for closer Devin Williams.

Atlanta and Seattle have stayed active, but haven’t made huge splashes. They’re mostly keeping their rosters together, rather than making wild moves.

Targeted Spending Defines the Middle Class

Not every contender chased the biggest names. The Padres ($91.2M) looked for value, bringing in Michael King on a three-year deal.

The Dodgers ($74.5M) kept things familiar, re-signing Edwin Díaz for $69 million over three years.

Other teams jumped on the qualifying offer market:

Quiet Winters in Select Markets

Some clubs have barely made a peep. The White Sox and Diamondbacks hovered near $50 million in spending.

Both the Red Sox and Rockies hadn’t signed a single MLB free agent by New Year’s Eve. That’s pretty shocking for Boston, honestly.

Deferred money is included in these totals. San Francisco’s spending isn’t fully clear yet, since Tyler Mahle’s salary details haven’t come out.

What It All Means Moving Forward

This offseason feels more like a calculated shift than just teams pinching pennies. Fewer big names signed early on.

Still, the overall spending hasn’t really dropped. Teams seem willing to wait things out, maybe betting on their depth instead of chasing headlines.

Honestly, history shows the second half of the offseason usually heats up. There are still plenty of top-tier free agents out there.

So, who’s to say the next few weeks won’t shake everything up once someone finally makes a move?

 
Here is the source article for this story: Each Team’s Free Agent Activity So Far